v3.26.1
INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2025
INTANGIBLE ASSETS, NET  
Schedule of intangible assets, net

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As of December 31, 

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2024

 

2025

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RMB

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RMB

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(in thousands)

Software

 

127,645

 

130,975

Trademarks and domain names

 

1,200,889

 

1,200,880

Licenses

 

441,105

 

441,105

Total

 

1,769,639

 

1,772,960

Less: accumulated amortization

 

(603,056)

 

(741,336)

Less: accumulated impairment

 

(308,948)

 

(308,948)

Net book value

 

857,635

 

722,676

Schedule of estimated amortization expense relating to the existing intangible assets with finite lives for each of the next five years

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Amounts

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RMB

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(in thousands)

Within 1 year

 

134,344

Between 1 and 2 years

 

125,956

Between 2 and 3 years

 

112,122

Between 3 and 4 years

 

108,407

Thereafter

 

241,847

Total

 

722,676

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